Thomas Smith, Head of Latin American Equities, Neptune
The investment case for Latin American equities has transformed dramatically over the past eighteen months and, looking forward, it has two distinct drivers. In the short-term, the region is benefiting from a cyclical economic recovery as two of the larger economies exit recession and the whole region benefits from a synchronised global expansion; while in the medium term the region should benefit from the shift away from the populist tendencies of the recent past, as more and more pro-business governments are elected.
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